Technology

B Garage, a San Jose-based startup building autonomous drones along with software to track warehouse inventory, said today that it has picked up $20 million in a Series A round of funding.  New investor LB Investment led the Series A funding with participation from Ignite Innovation Fund, Krossroad Partners and existing backer SoftBank Ventures Asia. The […]

B Garage raises $20M for its warehouse inventory drones  by Kate Park originally published on TechCrunch

The industrial metaverse has the potential to virtually and literally revolutionize the real world. By merging digital twins with their real-world counterparts, companies can optimize production and processes in a continuous feedback loop at previously unattainable speeds. This convergence of digital and real worlds will change the way we work and collaborate, enabling real-time interaction…

Just over one year ago, spend management decacorn Brex declared that it was “less suited to meet the needs of smaller customers” in an announcement that caused shock waves in the startup community. While Brex soon clarified that by smaller customers it meant small to medium-sized businesses and non-funded startups, the move still felt like […]

Brex refocuses on startups with hire of SVB veteran, ex-a16z partner by Mary Ann Azevedo originally published on TechCrunch

David Lazovsky and Preet Virk, technologists with backgrounds in semiconductor engineering and photonics, came to the joint realization several years ago that AI and machine learning workloads would quickly encounter a “data movement” problem. Increasingly, they predicted, it would become challenging to move data to and from compute hardware as AI models scaled past what […]

Celestial AI raises $100M to transfer data using light-based interconnects by Kyle Wiggers originally published on TechCrunch

The United States Department of Homeland Security caused a stir last February when it revealed that it was exploring deploying robot dogs on the U.S./Mexico border. “The southern border can be an inhospitable place for man and beast, and that is exactly why a machine may excel there,” the DHS’s Brenda Long said at the […]

House GOP discusses use of robot dogs to patrol US borders by Brian Heater originally published on TechCrunch

Open banking, which allows consumers to securely share their banking data with third-party providers (TPPs), continues to transform financial services. A new generation of financial technology (fintech) companies—peer-to-peer payment services, mobile banking apps, and trading platforms—offer consumers powerful tools to manage their money and extend their banking capabilities. According to the online data platform Statista,…